HomeMy WebLinkAbout1995-179 Council ResolutionCouncil Member Neal
and moved its adoption:
introduced the following resolution
CITY OF LINO LAKES
RESOLUTION NO. 95-179
RESOLUTION TRANSFERRING FUNDS FROM THE 1991 CONSTRUCTION FUND
TO THE ESCROW FUND FOR BRANDYWOOD 1ST, 2ND & 3RD ADDITIONS
WHEREAS, the construction for these projects is complete, and
WHEREAS, the engineering consultant (S.E.H.) has reviewed the costs associated with
these projects, and
WHEREAS, certain engineering costs were incorrectly charged to the escrow, and
WHEREAS, a balance remains of $1,721 that is recommended to be written off per
Engineering, and
WHEREAS, the Brandywood Escrow account should be dosed.
NOW THEREFORE BE IT RESOLVED, by the City Council of Lino Lakes that the
transfer from the 1991 Construction Fund to the Escrow Fund be approved as follows:
1991 Construction Fund (454)
1991 Construction Fund (454)
Escrow Fund (801)
Increase Decrease
$11,834
($10,113)
($ 1,721)
Adopted by the City Council of Lino Lakes this 11th day of December, 1995.
Marilyn G. Anderson - Clerk Treasurer
Vernon F. Reinert - Mayor
The motion for the adoption of the foregoing resolution was duly seconded by Bergeson
and upon vote being taken thereon, the following voted in favor thereof: Bergeson, Elliott,
Kuether, Neal, Reinert.
The following voted against same: None .
Where upon said resolution was declared duly passed and adopted.